Outcome of the Meeting of the Board of Directors of Mitshi India Limited

MITSHI INDIA LIMITED (Formerly known as Dera Paints & Chemical Limited) CIN: L91100MH1990PLC057373 Registered Office: 204 B-Wing, Master Mind III, E Building Aarey Milk Colony, Aareymilk Colony, Mumbai, Goregaon East, Maharashtra, India, 400065 Email ID- mitshi.india@gmail.com | Website: www.mitshi.in | Tel.:9870020305 Date: 22/07/2026 BSE Limited, Phiroz Jeejeebhoy Tower, Dalal Street, Mumbai-400001, Maharashtra, India Reference: ISIN – INE844D01017; Scrip Code: 523782; Symbol- MITSHI Subject: Outcome of the Meeting of the Board of Directors of Mitshi India Limited. Dear Sir/Madam Pursuant to Regulation 30 of read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, (“Listing regulations”) we would like to inform you that the Board of Directors at their meeting held today i.e., 22nd July, 2026 at 204 B- Wing, Master Mind III, E Building Aarey Milk Colony, Aareymilk Colony, Mumbai, Goregaon East, Maharashtra, India, 400065, have inter- alia, transacted the following businesses: 1. The Board of Directors of Company based on the recommendation of the Nomination and Remuneration Committee has appointed Mrs. Rekha Rani Naraniwal (DIN: 08467886) as an Additional Non-Executive Independent Director of the Company with effect from 22nd July, 2026 subject to Shareholders’ Approval. 2. Board received the Resignation of Mrs. Bijal Yogesh Durgavale (DIN- 07403891) on 22nd July, 2026 and board considered and accepted the Resignation of Mrs. Bijal Yogesh Durgavale (DIN- 07403891) from the post of Additional Non-Executive Independent Director of the company with effect from Close of Business hours of 22nd July, 2026, 2026 as mentioned in the Enclosed Resignation letter. 3. Board received the Resignation of Mrs. Sheetal Bhavin Nagda (DIN- 07179841) on 22nd July, 2026 and board considered and accepted the Resignation of Mrs. Sheetal Bhavin Nagda (DIN- 07179841) from the post of Additional Non-Executive Independent Director of the company with effect from Close of Business hours of 22nd July, 2026 as mentioned in the Enclosed Resignation letter. 4. Reconstitution of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee of the Board: The composition of the Committees w.e.f. 22nd July, 2026 shall be as under: Audit Committee S. Name of Director Category Status 1. Rekha Rani Naraniwal Additional Non-Executive Chairperson Independent Director 2. Gurdeep Singh Additional Non-Executive Member MITSHI INDIA LIMITED (Formerly known as Dera Paints & Chemical Limited) CIN: L91100MH1990PLC057373 Registered Office: 204 B-Wing, Master Mind III, E Building Aarey Milk Colony, Aareymilk Colony, Mumbai, Goregaon East, Maharashtra, India, 400065 Email ID- mitshi.india@gmail.com | Website: www.mitshi.in | Tel.:9870020305 Independent Director 3. Vicky Mahendra Anjaria Additional Non-Executive Non Member Independent Director Nomination and Remuneration Committee S. No. Name of Director Category Status 1. Rekha Rani Naraniwal Additional Non-Executive Chairperson Independent Director 2. Gurdeep Singh Additional Non-Executive Member Independent Director 3. Vicky Mahendra Anjaria Additional Non-Executive Member Non Independent Director Stakeholders Relationship Committee S. No. Name of Director Category Status 1. Rekha Rani Naraniwal Additional Non-Executive Chairperson Independent Director 2. Gurdeep Singh Additional Non-Executive Member Independent Director 3. Vicky Mahendra Anjaria Additional Non-Executive Member Non Independent Director The relevant details pursuant to appointment to Regulation 30 of Listing Regulations, read with SEBI Circular dated July 13, 2023 are enclosed as Annexure I. The relevant details pursuant to Resignation to Regulation 30 of Listing Regulations, read with SEBI Circular dated July 13, 2023 are enclosed as Annexure II and III. The meeting of the Board of Directors of the Company commenced at 12:00 P.M. and concluded at 01:00 P.M. Yours truly, For Mitshi India Limited Vicky Mahendra Anjaria Additional Non-Executive Non Independent Director DIN: 11705357 MITSHI INDIA LIMITED (Formerly known as Dera Paints & Chemical Limited) CIN: L91100MH1990PLC057373 Registered Office: 204 B-Wing, Master Mind III, E Building Aarey Milk Colony, Aareymilk Colony, Mumbai, Goregaon East, Maharashtra, India, 400065 Email ID- mitshi.india@gmail.com | Website: www.mitshi.in | Tel.:9870020305 ANNEXURE I: Details pursuant to SEBI Circular dated July 13, 2023 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Sr. Disclosure Requirement Details 1 Reason for change viz. Appointment Mrs. Rekha Rani Naraniwal (DIN: 08467886) has been appointed as the Non- Executive Independent Director of the Company with effect from, 22nd July, 2026 subject to approval of Shareholders. 2 Date of Appointment 22nd July, 2026 3 Brief Profile (In case of appointment) Mrs. Rekha Rani Naraniwal is resident of India and is a member of ICSI. She has 15 years of Experience including 9 years in legal, listing and Secretarial Compliance. 4 Disclosure of Relationship between Directors {in She is not related to any case of appointment of Director) Directors of the company. 5 Declaration pursuant to BSE Circular No. Mrs. Rekha Rani Naraniwal LIST/COMP/14/2018- 19 dated June 20, 2018, (DIN: 08467886) is not debarred from holding office of the Director by virtue of any order passed by the Securities and Exchange Board of India or any other such authority. MITSHI INDIA LIMITED (Formerly known as Dera Paints & Chemical Limited) CIN: L91100MH1990PLC057373 Registered Office: 204 B-Wing, Master Mind III, E Building Aarey Milk Colony, Aareymilk Colony, Mumbai, Goregaon East, Maharashtra, India, 400065 Email ID- mitshi.india@gmail.com | Website: www.mitshi.in | Tel.:9870020305 ANNEXURE II: Details pursuant to SEBI Circular dated July 13, 2023 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Sr. Disclosure Requirement Details 1 Reason for change viz. resignation Mrs. Bijal Yogesh Durgavale (DIN- 07403891) is resigning as Additional Non-Executive Independent Director due to other professional commitments. 2 Date of cessation Close of business hour of 22nd July, 2026 3 Name of the listed entities in which Directorship resigning director holds 1. HCKK Ventures Limited –Independent directorship including category of Director directorship and membership of committee, if any Membership in Committee  Audit Committee  Member- HCKK Ventures Limited  Nomination and Remuneration Committee  Member- HCKK Ventures Limited  Stakeholder Relationship Committee  Member- HCKK Ventures Limited 4 Brief Profile (In case of N.A. appointment) 5 Disclosure of Relationship between N.A. Directors {in case of appointment of Director) 6 The director shall, along with the Mrs. Bijal Yogesh Durgavale has confirmed detailed reasons, also provide a that there are no material reasons for his confirmation that there is no other resignation other than those mentioned in his material reasons other than those resignation letter. provided. MITSHI INDIA LIMITED (Formerly known as Dera Paints & Chemical Limited) CIN: L91100MH1990PLC057373 Registered Office: 204 B-Wing, Master Mind III, E Building Aarey Milk Colony, Aareymilk Colony, Mumbai, Goregaon East, Maharashtra, India, 400065 Email ID- mitshi.india@gmail.com | Website: www.mitshi.in | Tel.:9870020305 ANNEXURE III: Details pursuant to SEBI Circular dated July 13, 2023 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Sr. Disclosure Requirement Details 1 Reason for change viz. resignation Mrs. Sheetal Bhavin Nagda (DIN- 07179841) is resigning as Additional Non-Executive Independent Director due to other professional commitments. 2 Date of cessation Close of business hour of 22nd July, 2026 3 Name of the listed entities in which Directorship resigning director holds 1. Oriental Rail Infrastructure Limited – directorship including category of Indepen [Showing first 8,000 characters — download PDF for full document]